Advantech Joins TAITRA New Delhi Strategy Center Realizing an All-of-India Approach and Develop a Local Ecosystem

10/5/2018

Advantech
(2395), the world's leading supplier of industrial computers, announced at the
second annual SMART ASIA India Expo & Summit, that it would collaborate
with the Taipei World Trade Center (TWTC)
in its New Delhi Strategy Center, which aims to enhance India’s Industrial and
Embedded IoT market. This is Advantech’s fourth strategic location in India,
with the other three being its Bangalore headquarters in South India and
offices in Pune and Ahmedabad, West India. Event attendees included Taipei
World Trade Center Chairman James C. F. Huang, Mr. H. D. Kumaraswamy, Chief
Minister, Karnataka, Mr.Mukesh Kalra, Joint Secretary for international trade
from FISME, Taipei Economic and Cultural Center in Chennai Director-General
Charles Chao-Cheng Li, Karnataka Chief Minister Mr. H. D. Kumaraswamy, Bruhat
Bengaluru Mahanagara Palike Mayor Mr. R. Sampath Raj, and FICCI Chairman Shekar
Viswanathan along with over 100 Indian executives, business and media personnel,
who witnessed the initiation of Advantech’s India Strategic Collaboration with
TWTC.

India
is the world’s second most populous country and sixth largest economic region. In
line with Prime Minister Modi’s goal of doubling economic growth to US$5
trillion by 2025, India has become the rising star of BRICS economies. The
International Monetary Fund (IMF) further predicts that India will lead the
world in annual economic growth for 2018, with its GDP growth reaching
7.4%. Indeed, punters speculate that India could overtake the US and China to
become the “world’s largest economic region” by as early as 2050.

Advantech
Board Director Chaney Ho mentioned that since Chairman James C. F. Huang’s
inauguration, his portrayal of India as an “essential of essentials” has been
in line with Advantech’s “all-of-India” strategy. He also commented that
Advantech has long recognized the great opportunities in India. Strategically targeting
India as a key South Asian country, Advantech entered the local market in 2002 by
setting up a headquarter in Bangalore, also known as “India’s Silicon Valley”. Since
establishing a factory in 2012 initiating the Make in India movement, Advantech
has initiated numerous large infrastructure projects. With this notable
introduction to the market, along with dependable localization, Advantech has experienced
double-digit growth in India.

Miller Chang, President of
Advantech Embedded IoT Group also mentioned that except for our headquarter in
Bangalore and local offices in Pune and Ahmedabad, Advantech is planning to
establish a new branch in Kolkata as well. Joining TAITRA’s New Delhi Strategy
Center this year not only places Advantech in a good position in North India,
but also completes the final stage of the company’s “All-of-India” approach –
to have representation in the north, south, east, and western regions of this
large sub-continent. Additionally, Advantech hopes to work with TAITRA to
engage in co-creating domain focused solutions with local partners from various
industries and facilitate this co-creation eco system in India.

Mark
Yang, Advantech’s Director of Embedded IoT Group and General Manager of Inter-continental, pointed out that in order to
enhance the local market, Advantech spent years overcoming the multi-lingual,
multi-culture, and multi-racial issues in India, and finally obtaining local
clients’ approval and support by establishing mutual trust and reciprocity.
Moreover, Advantech has benevolently contributed to local talent and Indian IoT
education by sharing the company’s experience and many intelligent IoT case studies
during campus talks at approximately 25 of India’s top IT colleges. As Advantech
has always been looking for the “Right People on the Bus,” future scholarships are also planned to offer to local talents training
and job opportunities in Taiwan.

Mark
firmly believes with TWTC’s assistance, Advantech will not only growing its
share of the Indian IoT market, but will also developing smart manufacturing
systems for diverse industries and applications, such as in steel plants, power
plants, mines, and automotive plants. Joining TAITRA’s New Delhi Strategy
Center also promotes Advantech’s co-creation IoT solution-ready packages (SRPs) with specialized companies
within various industries throughout India, thereby accelerating cloud services
and application development for smart cities. The newly established New Delhi
Strategy Center will also serve as a doorway for Taiwan’s smart manufacturing
export, assisting Taiwanese companies in partnering with each other to build
industrial ecosystems in India.

With TWTC’s assistance, Advantech will not only growing its share of the Indian
IoT market, but will also developing smart manufacturing systems for diverse industries
and applications. (Left 2-5: Chief
Minister, Karnataka, Mr.Mukesh Kalra, Taipei
World Trade Center Chairman James C. F. Huang, Advantech’s Director of Embedded-IoT Group and General Manager of Inter-continental, Mark Yang, Advantech